Ripple CTO Agrees Bitboy’s BEN Coin Project Is 100% Rugpull Scam
- Bitboy Crypto faces backlash for joining the newly launched meme token, BEN Coin.
- Ripple CTO calls BEN Coin a rug pull.
- BEN Coin aims to become an attention economy token to promote crypto adoption.
The crypto community is up against Ben Armstrong, a famous crypto influencer known as Bitboy Crypto, over his recent announcement about joining the project team of the newly launched meme token, BEN Coin.
On Twitter yesterday, David Schwartz, the Ripple (XRP) blockchain chief technology officer (CTO), said he agrees 100% that the BEN meme coin project is a rug pull, given Armstrong’s decision to join the team.
Notably, rug pull is a type of scam in crypto and DeFi markets, where the project organizers suddenly and intentionally remove all liquidity and disappear with investors’ funds. This action causes the token’s price to plummet.
While the Ripple CTO sees no future in the BEN coin, Billy Markus, the co-founder of the most …
The post Ripple CTO Agrees Bitboy’s BEN Coin Project Is 100% Rugpull Scam appeared first on Coin Edition.
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Ripple CTO Agrees Bitboy’s BEN Coin Project Is 100% Rugpull Scam
- Bitboy Crypto faces backlash for joining the newly launched meme token, BEN Coin.
- Ripple CTO calls BEN Coin a rug pull.
- BEN Coin aims to become an attention economy token to promote crypto adoption.
The crypto community is up against Ben Armstrong, a famous crypto influencer known as Bitboy Crypto, over his recent announcement about joining the project team of the newly launched meme token, BEN Coin.
On Twitter yesterday, David Schwartz, the Ripple (XRP) blockchain chief technology officer (CTO), said he agrees 100% that the BEN meme coin project is a rug pull, given Armstrong’s decision to join the team.
Notably, rug pull is a type of scam in crypto and DeFi markets, where the project organizers suddenly and intentionally remove all liquidity and disappear with investors’ funds. This action causes the token’s price to plummet.
While the Ripple CTO sees no future in the BEN coin, Billy Markus, the co-founder of the most …
The post Ripple CTO Agrees Bitboy’s BEN Coin Project Is 100% Rugpull Scam appeared first on Coin Edition.
Read More
Early Morning Market Moves: Bitcoin Edges Closer to $100K, Ether Overcomes $1,900